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Ram (aaa)     25 May 2015

Gift deed on my property

dear experts -

1. I own a flat property in a metro and i am the sole owner of it.

2. i want to execute a gift deed to my father 50% and brother in law 50%

3. do i need to register this deed? how much stamp duty for my relatives?

4. can i mention in the deed that 50% of my father's share will come to me back in future?

 

Please help me with your answers. thank you!



Learning

 1 Replies

Kappil Cchandna (Expert Bail & Criminal Defence Lawyer at Delhi Supreme Court of India)     25 May 2015

Sir,

 

Gift Deed is to be Mandatorily Registered ... Stamp duty will be applicable according to the Stamp Act which could be somewhere around 6 % . 

 

Warm Regards 

Kapil Chandna Adv 

9899011450


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